Estate Plan Invest Principles[1]

8/6/2019 Estate Plan Invest Principles[1]

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Part of an educational

workshop series on

financial planning

for retirement

Creating Your Personalized

Financial Plan

Creating Your Personalized

Financial Plan

Taking the Next Step to Plan for aFinancially Secure Future


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#03-07-069 CitiStreet Associates LLC and Affiliates Personalized Financial Plan (2/03)sm 2

People dont plan to fail,

they fail to plan.

People dont p

lan to fail,

they fail to plan.

Financing your future


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CitiStreet does not offertax or legal advice

Tax or legaladvice?

Tax or legaladvice?

NoNo


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Your Personalized Financial Plan


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Amy starts saving $2,000 a year at age 20 and stops

after 10 years.

Fred starts saving $2,000 a year at age 30 andcontinues to save for 35 years.

This example assumes an 8 percenthypothetical annual return on both IRAs

and does not take into account anyincome tax effect. It is not a projection

or illustration of any particularinvestment option, nor a guarantee or

indication of investment results in thefuture. Your results wil l vary.

The value of starting earlyThe value of starting early

Dont wait--get started today

$345,000$345,000

$428,000$428,000$20k$20k

$70,000$70,000

Total Contributions

Amy

Fred


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A four-step process:A four-step process:


Determine your goals and gather information

Create your Plan

Schedule follow-up appointment to review

your Personalized Financial Plan

Determine your action steps and implementyour financial strategy


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What well need from you:What well need from you:

Creating your Personalized Financial Plan

Your age and years until retirement

Your feelings about investment risk

A list of your life insurance policies and

cash values

D

etailed pension information

Estimated Social Security Benefits Statement


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Current annual income

Personal assets Your home

Saving and investment account balances

Retirement savings


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Current annual expenses

Monthly mortgage and utility bills

Credit card payments

Auto loans

Estimated retirement expenses


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Make timeto plan your future!

Make timeto plan your future!


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The resultsThe results


Information that will help you with:

Retirement planning

Education funding

Long term care insurance

Life insurance

Estate planning

Investments

Expenses


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The resultsThe results


Easy-to-understand net worth statement

Assets

Liabilities

Review of your current asset allocation

Retirement plans and personal investments


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Financial Analysts Journal,

May-June 1991 analyzing theperiod 12/77 to 12/87.

Past performance is not an

indication or guarantee of

future results.

The importance of asset allocationThe importance of asset allocation


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Your retirement goalsYour retirement goals


Current investments and retirement plans

Illustration of future income

Compare this to your retirement

income needs

Calculate how much more

youll need to save to fillin the gap


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Your survivor needs analysisYour survivor needs analysis


Review existing life

insurance coverage

Provide survivor

needs analysis


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Your long term care needs analysisYour long term care needs analysis


Economic impact of long term care

Cost of waiting to purchase long

term care insurance

Calculate your unprotected need

Estimated long term care expenses

minus your available assets


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Your estate planning summaryYour estate planning summary

CitiStreet does not give tax or legal

advice. Ifyou need tax advice, askyour lawyer or certified publicaccountant. Ifyou need legal advice,

ask your lawyer.


Estimated net worth statement

Steps you may want to take to reduce your heirspotential estate tax burden such as:

Revocable living trusts

Irrevocable life insurance trusts

Unlimited marital deduction

Annual gift exclusion


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Your education funding illustrationYour education funding illustration


Total estimated costs of educating your children

How much youll need to save to coverthese costs:

One up-front paymentor

Annual investments


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CitiStreet will go over your action planCitiStreet will go over your action plan

Taking the next step

Review what you need to do to reach your goals

Explain the products and services we offer

Help you put your Plan into action!


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Complete a workshop attendance cardand a CitiStreet representative will call

to schedule an appointment.

Schedule an appointment

CitiStreet can help

Documents

Estate Plan Invest Principles[1]